Major Hollywood film studios are teaming-up, working together in an attempt to create a standard approach to the DRM types used in various online movie stores – though some notable names are refusing to play ball.
The studios have begun what they are calling their Open Market digital initiative, an attempt to simplify the way consumers interact with online film services by harmonsing DRM use. Continue reading →
The Walt Disney Corporation last night confirmed it has sold over five million films through the iTunes Store since it began doing so. Company president and CEO, Rob Iger revealed this in an in-depth response to a question from Lehman Brothers analyst, Anthony DiClemente, during the company’s Q3 financial call.
“I happen to believe and my senior management team agrees with me,” he said, “that in a world where more and more people are migrating online or to their computer to access both information and entertainment, that the Walt Disney Company would be served well by having a very strong presence in that environment,” he said Continue reading →